TSX Composite and ETF’s
The TSX jumped nearly 5% this past week as we approached highs last seen in October 2008. This has predictably brought out a wave of bullish euphoria. The TSX is now up 31% from the lows seen in early March. All subsectors were up this past week except for Healthcare and Information Technology. The former remains one of the more moribund areas. Info Tech triggered an intermediate buy signal the previous week and the slight down week did not change that signal. Indeed more intermediate buy signals were … [read more...]
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